Review Summary : Finexo is a stable, Web-based Forex broker. The site’s different account types cater to beginner, intermediate, and expert Forex traders.
Pros:Fitting for traders of varying experience levels, numerous currency pairs available, daily reports and marketing analysis, mobile trading platform
Cons: No MetaTrader platform support
Rating:
Launched in 2003, Finexo has been deemed a very easy to use site. With accounts starting at just $100, it’s an exceptionally fine broker for novice traders.
Quick Stats:
Trading Platform | FOREXTrader |
Broker Type | Market Maker |
Year Established | 2003 |
Country | Germany |
Languages | English Arabic Chinese Dutch French German Portuguese Russian Turkish |
Free Demo? | No |
Account Types | Mini Account - $100 to $500 Classic Account - $500 to $5,000 VIP Account - $5,000 to $50,000 |
Minimum Initial Deposit | $25 |
Payment Options | Credit card Debit card e-Bullion Liberty Reserve MoneyBookers PayPal Wire transfer |
Pips | As low as 3 - Mini Account As low as 3 - Classic Account As low as 2 - VIP Account |
Number of Currencies pairs | Over 50 pairs |
Leverage Up To | 200:1 - Mini Account 200:1 - Classic Account 200:1 - VIP Account |
Commission? | None |
24-Hour Online Support? | Yes |
Mobile Trading? | Yes |
Customer Feedbacks For Finexo:
“I have top say that I tried almost all brokers listed in this site. some have better options, others may offer better spreads and bonus but when you have a dealing desk like Finexo you hole experience become personal. They help me 24hous/day, fix any issues very quick different from others and have that personal touch that make you feel that you can trust them. Well, you really can. These guys seem very serious, not Market makers!! I recommend.” portion of actual user comment on compareforexbrokers.com |
“I am trading with Finexo last 2 years and i am pretty satisfied with the services.” portion of actual user comment on forexeasytradeblog.com |
Likes:
Fitting for Traders of Varying Experience Levels - With their Mini, Classic, and VIP account types, there is something for traders of all experience levels, from beginner to expert.
Numerous Currency Pairs - Finexo has over 50 currency pairs available.
Daily Reports and Marketing Analysis - Finexo puts a lot of emphasis on educating its traders. They accomplish this by providing up-to-date reports and advanced marketing analysis.
Mobile Trading Platform - As an added benefit, the site offers trading over mobile devices.
Dislikes:
No MetaTrader Support- Unfortunately, Finexo does not offer any support for MetaTrader platform.
Bottom Line:
Finexo offers a solid platform for Forex trading. With their flexible account types, you’re sure to find one that suits your experience level.
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